Combined losses of state government-owned power distribution companies (discoms) fell year-on-year to around Rs.75,000 crore in FY20, according to information tabled in Parliament.
Increasing quantum of renewable energy being fed into the grid can create business opportunities for power transmission solutions, noted Sunil Mathur, MD & CEO, Siemens Ltd. Mathur was speaking at an investor call discussing the company’s financial performance for the year ending September 30, 2021.